absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the

% -33% Revenue from sales of goods 30 3% 50 2% 67% Revenue 954 100% 2,355 100% 147% Gross profit 319 33% 985 42% 209% Other income 882 92% 98 4% -89% Selling expense -129 -14% -287 -12% 122

business), i.e., disposing ordinary shares of NU of 30,599,999 shares, equivalent to 90 percent of the total NU shares to Chirasak Chiyachantana Ph.D. Asso.Prof. at an approximate price of Baht 8.3824 per

expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project

quarter of 2017, amounting to THB 4,185 mm, which carried higher interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 464.3

expense of Baht 51.5 million, increased by 386.3% compared to the same quarter last year.  Allowance for the Decline in Value of Inventory Allowance for the decline in value of inventory presented at Baht

million. Repayment of long- term borrowings for solar energy will begin from July 2017, so interest of new business will be reduced from Q3/2017 onwards. Income tax expense reduced by Baht 0 . 9 2 million

, increasing 0.2% YoY, which is all-time highest number.  Total revenue from core business was Bt3,147mn, decreasing 5.7% YoY.  Number of “Boonterm kiosk” was 130,481, increasing 0.3% YoY.  Banking agent

the last year, as follows: (Unit: Million Baht) Company/business For the year ending on March 31 2017 2016 Increase(decrease) Producer and distributor of ready-to-drink milk, drinks and fruit juices

) % Producer and distributor of ready-to-drink milk, drinks 2,210.32 1,989.20 221.12 11.11 Immovable property business 18.54 12.73 5.81 45.64 Agriculture and dairy farm 60.17 59.91 0.26 0.43 Total 2,289.03